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Five Things to Know in Crypto This Week: Spot ETF Inflows and the US Economy

BTC Daily Chart 170824

US BTC-Spot ETF Market Records Weekly Outflows

In the week ending August 16, the US BTC-spot ETF market saw total net inflows of $12.9 million, excluding flow data for iShares Bitcoin Trust (IBIT). The US BTC-spot ETF market saw net outflows of $167.0 million the previous week.

According to Farside Investors:

  • Grayscale Bitcoin Trust (GBTC) reported net outflows of $195.2 million in the week ending August 16 (previous week: -$391.8 million).
  • ARK 21Shares Bitcoin ETF (ARKB) reported net inflows of $35.9 million.
  • Bitwise…
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